112 Academy Avenue
Concord, NC 28025
Est. $921/mo — See my rate
$172/Sq Ft
2 bd · 1 ba · 932 sqft · $172/sqft
About This Home
Well-maintained investment opportunity just minutes from Downtown Concord! Built in 1965, this charming home offers immediate cash flow with a reliable long-term tenant currently on a 3-month lease paying $1,050/month, with potential for future rental upside as rent is currently below market value.
The property has been thoughtfully maintained over the years, including a roof replaced in 2020, gutters replaced in 2022, and crawlspace sill replacement within the last 10 years. Interior flooring and carpet are both in great condition, making this a truly turnkey opportunity. Tenant handles much of the routine property maintenance, contributing to the home’s excellent condition and strong rental history.
Features include a covered carport, all appliances conveying with the sale, and a convenient location near Downtown Concord, Gibson Mill, shopping, restaurants, entertainment, and easy access to major highways.
Excellent opportunity for investors looking to add a solid income-producing property in a growing area!
Property Details
Interior Details
- Heating
- Heat Pump
- Flooring
- Carpet
- Laminate
- Sqftmain
- 932
- Roomcount
- 6
- Sqftlower
- 0
- Sqftthird
- 0
- Sqftupper
- 0
- Bedroommain
- 2
- Fullbathmain
- 1
- Halfbathmain
- 0
- Half Bathrooms
- 0
- Total Bathrooms
- 1
- Laundry Features
- Electric Dryer Hookup
- In Kitchen
- Main Level
- Washer Hookup
- Mainlevelgarageyn
- 0
- Sqftunheatedtotal
- 0
- Sqfttotalpropertyhla
- 932
Dwelling And Structure
- Architectural Style
- Bungalow
- Cottage
- Ranch
- Traditional
Square Footage And Levels
- Levels
- One
- Above Grade Finished Area
- 932
- Below Grade Finished Area
- 0
Parking And Garage
- Open Parking
- true
- Carport Spaces
- 1
- Covered Spaces
- 1
- Carport Present
- true
- Parking Features
- Attached Carport
- Driveway
- Open Parking Spaces
- 1
Exterior Features
- Roof
- Architectural Shingle
- Construction Materials
- Aluminum
Lot And Land
- Fencing
- Partial
- Lot Features
- Corner Lot
- Lot Size Acres
- 0.163
- Lot Size Units
- Acres
- Other Structures
- Shed(s)
Basement And Foundation
- Foundation Details
- Crawl Space
Utilities
- Sewer
- Public Sewer
- Utilities
- Cable Connected
- Water Source
- City
Financial Information
- Citytaxespaidto
- Concord
Zoning And Restrictions
- Zoningspecification
- R C
Listed by Christina Wright (631-416-0729) · Branch Wealth Partners, LLC (704-782-7272)
Location
- Address
- 112 Academy Avenue
- City
- Concord, NC 28025
Schools
- Elementary
- Coltrane-webb
- Middle
- Concord
- High
- Concord
School assignments may change. Contact the school district to confirm.
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